Oxygen Therapy Devices Market set to rise $8.0 billion by 2030, as Transition - Increasing Emphasis on Advanced Technology hits transformation ground


Posted February 10, 2025 by datastring

Oxygen Therapy Devices is expected to rise to $8.0 billion by 2030 from $5.3 billion of 2024. The revenue growth of industry players is estimated to average at 7.1% annually for period 2024 to 2030.
 
Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Product Type (Stationary, Portable), User Age Group (Pediatrics, Adults, Geriatrics) and End-users (Hospitals, Homecare Settings, Ambulatory Surgical Centers).

Access the detailed report here - ๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ-๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ/๐จ๐ฑ๐ฒ๐ ๐ž๐ง-๐ญ๐ก๐ž๐ซ๐š๐ฉ๐ฒ-๐๐ž๐ฏ๐ข๐œ๐ž๐ฌ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

North America and Europe are the two most active and leading regions in the market. Europe represents a market for Oxygen Therapy Devices due to an increase in respiratory disorders and an aging population with well established healthcare systems driving the demand in the regions market landscape where competition is intensifying among various local and international companies, like Linde Healthcare and ResMed striving to enhance their product offerings and solidify their market presence. In Europe's market expansion opportunities lie in the rising demand for home healthcare gadgets. This growth is fueled by the populations growing favor, towards home based oxygen therapy.

๐ก๐ญ๐ญ๐ฉ๐ฌ://๐๐š๐ญ๐š๐ฌ๐ญ๐ซ๐ข๐ง๐ ๐œ๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ .๐œ๐จ๐ฆ/๐๐จ๐ฐ๐ง๐ฅ๐จ๐š๐๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž/๐จ๐ฑ๐ฒ๐ ๐ž๐ง-๐ญ๐ก๐ž๐ซ๐š๐ฉ๐ฒ-๐๐ž๐ฏ๐ข๐œ๐ž๐ฌ-๐ฆ๐š๐ซ๐ค๐ž๐ญ-๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก-๐ซ๐ž๐ฉ๐จ๐ซ๐ญ

With challenges like regulatory hurdles and high costs, Oxygen Therapy Devices marketโ€™s supply chain from raw material procurement to distribution & sales is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including India, Brazil and South Africa for revenue diversification and TAM expansion. One significant change shaping the Oxygen Therapy Devices industry is the increased emphasis placed upon incorporating cutting edge technology into the devices. Manufacturers are continuously striving to utilize the recent technological advancements in order to create Oxygen Therapy Devices that ensure better functionality, effectiveness and dependability. For instance the rollout of devices equipped with built in sensors enables prompt and precise adjustments, to oxygen supply levels

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ๐ก๐ข๐ฉ ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐ž๐ฌ

The Oxygen Therapy Devices market is characterized by intense competition, with a number of leading players such as Philips Healthcare, Invacare Corporation, Drive DeVilbiss Healthcare, ResMed Inc., Fisher & Paykel Healthcare, Teleflex Incorporated, Inogen Inc., Teijin Pharma Limited, Linde Plc, Chart Industries, CAIRE Inc. and DeVilbiss Healthcare LLC.. These players are pushing & penetrating the market with their strategies.

๐€๐›๐จ๐ฎ๐ญ ๐ƒ๐š๐ญ๐š๐’๐ญ๐ซ๐ข๐ง๐  ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ 

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated February 10, 2025